The G15 has called on the government to set a 10-year, index-linked rent settlement in the upcoming spring budget. It has also urged for rent convergence to be reinstated, to ensure rents better reflect the perceived value of the properties.

The group of London’s largest housing associations has said that the Chancellor, Jeremy Hunt, has an opportunity to show the government’s commitment to tackling the housing crisis in his financial statement on Wednesday 6 March.

As part of the measures to ensure “long-term certainty” and “vital investment in existing homes and services”, the G15 has called for the extension of the Affordable Homes Programme (AHP).